The factor that is generally recognized as impeding economic growth in India is poor infrastructure. While other factors like a command economy, microlending, and outsourcing also play roles in the economic landscape, inadequate infrastructure (roads, railways, power supply, etc.) is a significant barrier to growth as it affects productivity and efficiency across various sectors.
Which of the following factors is impeding economic growth in India?(1 point)
Responses
poor infrastructure
poor infrastructure
its command economy
its command economy
microlending
microlending
outsourcing
outsourcing
1 answer